Who has completed a lease purchase and fully owns truck with title?

I just paid the State of Illinois $215.00 to transfer my truck title into my name. I have a copy of my DAC and PSP and will get my new title in about a week. That means it is time to start moving the wheels to greener pastures.

 

Congratulations to you and all the others who have persevered.

 

Pretty smart if you ask me.

 

Where did you lease that truck from?

 

I leased my truck from Roehl, but entered it before the previous manager Dan Bennett passed away. The 2 of us worked together looking and fine tuning my business plan. After that he went looking for a truck that would fit my budget.

 

what companies did you do your lease purchase thru?

 

I completed one lease purchase and well on my way of doing my second L/P thru same carrier. First trk was a used trk it had 45,000 mi and O/O specs. payment was $485.68 a week for 48 months with a 10K balloon payment at the end. I didn't use carriers insurance, didn't have a mandatory maintenance fund or have to buy anything thru carrier. Have my own ifta acct, pay my own 2290 ect. Second trk I ordered was a 2013 T660 studio with all the bells and whistles . monthly payment $2300.00 for 60 months. After the first 6 months carrier drastically changed customer base. So I was able to move trk to another carrier. As long as I maintain the trk and provide insurance and finance company gets payment everyone happy. Also reports to credit bureau's. i had trk's before, but has a divorce and had to sell business and all assets and split 50/50 with ex wife. so pretty much screwed my credit. has it been easy no but i'm making it work

 

So you did a third party lease??

 

I guess you could call it that. pretty nice of carrier to allow me to spec a trk the way i wanted and then 12 months into L/P move it to another carrier so i could pull a Step deck.

 

Why did you do a 2nd lease purchase when you had the 1st one paid for?